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KEYWORD "Revenue" - 883 RESULTS
Savills half-year results – revenues rise, but profits fall

High-end estate agency Savills has posted a mixed set of half-year results, with revenue up to over £1 billion but the property...

12 August 2022

From: Breaking News

Insight - is agency in danger of a downturn?

Last week was quite a week for major trading updates, with four of the market’s biggest players announcing either half-year or...

08 August 2022

From: Breaking News

Purplebricks, Liz Truss and George Orwell - double-think about it

Double-think, for those who have not read George Orwell, is when people are expected to accept two conflicting beliefs as truth,...

06 August 2022

From: Features

Opinion: how can the UK adapt and prepare for future heatwaves?

A few weeks ago, we saw widespread disruption due to record breaking 40°C heat in the UK. The extreme temperatures caused...

06 August 2022

From: Features

Connells Group results - market share remains steady but revenue down by 13%

Connells Group - the largest agency group in the UK after its purchase of Countrywide - has today announced its financial results for...

05 August 2022

From: Breaking News

The Property Franchise Group reports strong growth in latest figures

The Property Franchise Group, the UK's largest property franchisor, has provided a trading update ahead of publishing its interim results on Tuesday...

04 August 2022

From: Breaking News

Homeday - Purplebricks quietly writes off German expansion

Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...

04 August 2022

From: Breaking News

Dye & Durham considers possible appeal against CMA merger decision

Dye & Durham says it could potentially appeal the decision by the Competition & Markets Authority (CMA) to effectively disallow its acquistion...

04 August 2022

From: Breaking News

What could a digitally enabled future look like for estate agents?

For years now estate agents have been on a journey from digital infancy to digital maturity. But what does the future...

03 August 2022

From: Features

Chestertons appoints former Foxtons man John Ennis as new CEO

The historic Chestertons brand, one of London’s largest and oldest estate agents, has today announced the appointment of John Ennis as its new...

03 August 2022

From: Breaking News

Purplebricks fallout – CEO bemoans ‘series of missteps’ after annual results

Yesterday’s publication of Purplebricks’ annual results – which made for very difficult reading for the troubled brand – came as part...

03 August 2022

From: Breaking News

Purplebricks - revenue down as CEO says performance 'not good enough'

Purplebricks has this morning announced its long-awaited annual results, delayed since July 12 due to internal changes. It shows that revenue...

02 August 2022

From: Breaking News

Analyst: ‘Agents can’t do without Rightmove’

Rightmove has been backed to weather the cost of living crisis and a property market downturn. Analysis by investment service Wealth Club,...

01 August 2022

From: Breaking News

Revenue growth per agent hits record levels for Rightmove

Rightmove’s average revenue per agent has reached record levels as firms continue to spend more on the portal’s services. The property website...

29 July 2022

From: Breaking News

Lettings drives Foxtons revenues as sales conversions slow

Lettings has helped drive Foxtons revenue and profits for the first half of the year, a company update has revealed. The listed...

28 July 2022

From: Breaking News

Spicerhaart promotes land and new homes boss to the board

Spicerhaart has promoted its group managing director for land and new homes to the board. Tim Wardley will join the Spicerhaat board...

26 July 2022

From: Breaking News

OnTheMarket boss outlines plans to be 'more than a third portal'

OnTheMarket chief executive Jason Tebb has set out plans to be “more than just a portal." Tebb provided an update to industry...

25 July 2022

From: Breaking News

Zoopla launches sales progression portal for agents

Zoopla has launched a Progression Portal for agents, promising real-time updates for 15 key milestones during the sales transaction process. Agents can...

25 July 2022

From: Breaking News

Revealed – UK-first PropTech launches agents need to know about

Automation is the direction the industry is moving in and it’s gathering pace every day. Forward-thinking agents are using automation and...

20 July 2022

From: Features

Propertymark partners with Homesearch to boost member leads

Homesearch has partnered with professional body Propertymark, to provide increased support to its estate agent members and boost innovation across the...

14 July 2022

From: Breaking News

Purplebricks to raise fees and scrap money back guarantee

Purplebricks is to increase its pricing and drop its money back guarantee. In one of the first acts by new chief executive...

01 July 2022

From: Breaking News

Purplebricks delays publication of annual accounts

Purplebricks has pushed back the publication of its annual accounts. The online agent’s full year results were due to be published on...

29 June 2022

From: Breaking News

Sales guru partners with KnowYourMarket to deliver bespoke data-led training

Customer insight provider KnowYourMarket has partnered with sales conversion strategist, Tony Morris International to develop a product that promises to boost...

28 June 2022

From: Breaking News

Why free online logbooks are little more than Dropbox

There have been many articles about ‘digitising upfront information’, following the publication of DLUHC’s Levelling-Up white paper and National Trading Standards...

25 June 2022

From: Features

New guide aims to help agents survive the summer slowdown

Agency data and prospecting platform Homesearch has launched a new guide to help firms continue securing instructions during the so-called summer...

21 June 2022

From: Breaking News

Expert Analysis: How safe are homes 5 years after the Grenfell Tower tragedy?

It’s the fifth anniversary of the Grenfell fire tragedy, but are high rises any safer today than they were then? On 14th...

18 June 2022

From: Features

Why your agency needs a holistic digital transformation strategy

The digital transformation of the property industry is not a new chapter, but an ongoing journey in which the winners are...

18 June 2022

From: Features

Challenger portal launches ‘one-stop shop’ for agent referrals

OneDome has launched a new platform for agents to monitor and manage referrals made and earned through the challenger portal. The platform,...

16 June 2022

From: Breaking News

OnTheMarket reports rise in agent numbers

OnTheMarket has reported an increase in agency branches listing on the portal but posted an operating loss after a busy year...

14 June 2022

From: Breaking News

Estate agents down £119m a year from missed calls

Estate agents could be losing thousands of pounds a year to missed calls. Communications platform YourBusinessNumber analysed data on the typical number of...

09 June 2022

From: Breaking News

Are we ready for the PropTech metaverse?

In this article, Kristian Stott, Head of New Business at iamproperty, analyses the digital revolution in our lives and in property and why...

08 June 2022

From: Features

LSL reveals record exchange pipeline but warns of slowing market

LSL has reported a 16% drop in estate agency residential exchange income but says it is sales pipeline is at record...

27 May 2022

From: Breaking News

Revealed! How much agents earn from sales compared with lettings

Sales remain the predominant source of income for most estate agency brands, research claims. The analysis warns that agents shouldn’t ignore lettings...

27 May 2022

From: Breaking News

Foxtons unveils £10m agency acquisitions

Foxtons has announced the acquisition of two estate agents worth £10.55m. The listed agency giant has acquired IMM Properties Ltd, trading under...

26 May 2022

From: Breaking News

Financial services boosts Belvoir's revenue

Belvoir has reported that group revenue is up 14% in the first four months of the year, helped mainly by its...

26 May 2022

From: Breaking News

40% of property firms fined For AML breaches had 'refused help'

Many of the property firms recently fined for anti-money laundering (AML) breaches have previously turned down help, Credas claims. It was revealed...

26 May 2022

From: Breaking News

Video interview - what are the main challenges facing letting agents?

In this latest video interview, exclusively for EAT and LAT readers, Estate Agent Today's Lee Dahill chats with Mike Dawson from...

21 May 2022

From: Features

Insight - is it Time to Stamp Out SDLT?

Stamp Duty Land Tax (SDLT) has long been the bugbear of many property transactions. Even the very wealthy will lose interest...

07 May 2022

From: Features

Agency franchisees given chance to earn shares by joining Boomin

Agency franchisees with brands such as Hunters, Martin & Co, Belvoir and EasyProperty are being given the chance to sign up...

28 April 2022

From: Breaking News

Rising house prices help boost HMRC’s tax take

Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted...

27 April 2022

From: Breaking News

Could virtual land sales provide a revenue stream for agents?

A legal expert has suggested that Metaverse sales could eventually become part of a property chain. The Metaverse is the latest trend...

26 April 2022

From: Breaking News

Q&A: What do new material information rules mean for estate agents?

From the beginning of April, long-awaited rules from the National Trading Standards Estate and Letting Agency Team (NTSELAT) came into effect....

23 April 2022

From: Features

Revealed – Foxtons’ sales revenue down by 9% in Q1 2022

The latest trading update from Foxtons has revealed that sales revenue in the first quarter of this year was down 9%...

21 April 2022

From: Breaking News

	Winkworth posts record sales from stamp duty holiday and beyond

Winkworth agents posted record sales income last year, attributed to the stamp duty holiday. The London-listed agent franchise group revealed in its...

13 April 2022

From: Breaking News

Revealed! The first paid-up agents joining Boomin

Foxtons, Chancellors and Douglas & Gordon have been named among the first paid-up agency brands on Boomin. The challenger portal, launched by...

08 April 2022

From: Breaking News

The Property Franchise Group plans more agency acquisitions

The Property Franchise Group (TPFG) is planning more acquisitions after a busy 2021 for buying-up agencies. The umbrella property brand, which incorporates...

06 April 2022

From: Breaking News

The Property Franchise Group hits records revenues

The Property Franchise Group has reported record like-for-like revenue for 2021. The umbrella property brand, which incorporates well-known names such as EweMove,...

05 April 2022

From: Breaking News

Belvoir tipped for more M&A activity

More acquisitions are being predicted at agency franchise group Belvoir. It comes as the listed brand yesterday reported record group revenue of...

05 April 2022

From: Breaking News

A smart acquisition: Vouch and Goodlord 18 months on

In July 2020, two leading lettings technology disruptors - Vouch and Goodlord - announced that they were going into partnership. Now,...

02 April 2022

From: Features

Tax Hike - agents warn against more taxes on second homes

Propertymark is urging restraint on the part of the Welsh Government as it moves to tackle what it sees as the...

29 March 2022

From: Breaking News

Leading agency reveals Data Science is key to how it wins business

Foxtons has given details of what some believe is market-leading use of technology to drive its sales and lettings effort. In a...

28 March 2022

From: Breaking News

Interview with eXp's Glenn Sanford - 'some agents will always prefer self-employed'

The self-employed model, after years of not really catching on fully, was given a major boost by the pandemic and the...

26 March 2022

From: Features

First sign of a slowdown? Transactions drop sharply says HMRC

House sales in February were around a fifth lower than the same month in 2021, according to HM Revenue and Customs...

23 March 2022

From: Breaking News

HMRC rakes it in as stamp duty receipts surge to record high

Figures just released by HM Revenue & Customs show the Treasury enjoying a bumper year for stamp duty, with record receipts...

23 March 2022

From: Breaking News

Foxtons “fails” so should be sold off, says latest angry investor

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

17 March 2022

From: Breaking News

Scrap Stamp Duty surcharge for a ‘double whammy’ win - call

An industry trade body wants the government to scrap the three per cent stamp duty surcharge on additional homes - and...

15 March 2022

From: Breaking News

Dexters’ expansion programme continues with digital platform

The long-standing commitment of London-focussed agency Dexters to expand through acquisitions is continuing apace. Over the weekend it was announced that the...

14 March 2022

From: Breaking News

Second Homes Taxes will backfire on wider economy - warning

A rural body in Wales has hit out at the Welsh Government’s proposals for draconian new taxes on second homes.  Earlier this...

14 March 2022

From: Breaking News

Agents reached out to me, says Boomin boss Michael Bruce

The chief executive of Boomin says agents have asked him to do something about rival portals “pocketing income from mortgage referral...

11 March 2022

From: Breaking News

Russian sanctions won’t hurt prime London claims high-end agent

High end estate agency Savills says the imposition of sanctions on Russians, amid new measures obliging overseas buyers to be more...

11 March 2022

From: Breaking News

HMRC very likely to crackdown on estate agencies - warning

An analysis of anti-money laundering compliance shows the estate agency industry as one of the UK’s worst performing sectors. And the expert...

10 March 2022

From: Breaking News

How agents can benefit from great visual content in seconds

We know from our customer research that being able to showcase property that looks the best it can online is the...

09 March 2022

From: Features

Phil Spencer: Time for agents to grab the gavel as market slows

The market’s likely to slow this year as the rising cost of living saps some buyer confidence, so agents are understandably...

04 March 2022

From: Breaking News

Second home buyers hit with 300% tax rise in part of UK

The Welsh Government has announced an increase to the maximum level of council tax premiums for second homes, as well as...

03 March 2022

From: Breaking News

Foxtons says it’s delivered first phase of growth plan

Foxtons has told shareholders that it has enjoyed "a good year of progress with revenues, profits and cash flow significantly ahead of...

02 March 2022

From: Breaking News

HMRC Stamp Duty Crackdown ‘may make home buying even slower’

HM Revenue & Customs has been warned by financial experts that its latest crackdown on stamp duty abuse could make the...

01 March 2022

From: Breaking News

OnTheMarket transformation is accelerating, claims CEO Tebb

OnTheMarket’s transformation into a “tech-enables property business across the broader property eco-system” is gathering pace according to the portal’s chief executive. In...

01 March 2022

From: Breaking News

Can Boomin be the portal to topple Rightmove? An analyst asks…

Housing market analyst and PropTech entrepreneur Anthony Codling says that the next few weeks will determine whether Boomin is the portal...

28 February 2022

From: Breaking News

Rightmove reveals big rise in fee income and launches agency training initiative

There’s been another large rise in fee earnings for Rightmove this morning, as the portal softens the blow by announcing a...

25 February 2022

From: Breaking News

PropTech lead generation platform expands beyond agents

A lead generation platform that boasts Leaders, EweMove and Northwood amongst its clients says it’s expanding into mortgages. Rentround, now in its...

22 February 2022

From: Breaking News

Crunch week for Rightmove as it reveals revenue from agents

Analysts are gearing up for the full year figures to be revealed by Rightmove to its shareholders at the end of...

21 February 2022

From: Breaking News

Agents - how to spot and stop fraud

Alexander Siedes, CEO of Homeppl, reveals the top five ways people try and commit tenancy fraud and how to spot and stop...

19 February 2022

From: Features

TOP TECH TO HELP LETTING AGENTS SUPERCHARGE THEIR BUSINESS

Letting agency growth experts are set to take to the virtual stage and use the latest tech to share their insights...

16 February 2022

From: Sponsored Content

Will Purplebricks quit stock market or 'do a Countrywide'?

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

15 February 2022

From: Breaking News

Too Many Second Homes? Campaigning MP to meet minister

A campaigning MP is to meet with a government minister to discuss controls and disincentives for second homes. Former Liberal Democrat MP...

15 February 2022

From: Breaking News

How the property sector must adapt during the year ahead

If 2020 was the year of survival, then 2021 was about the post-Covid boom. The impact of the pandemic on the...

12 February 2022

From: Features

Ex-Purplebricks executive takes over at Yopa online agency

A former Purplebricks chief is the new CEO of rival online company Yopa. Verona Frankish has been involved in the property industry...

03 February 2022

From: Breaking News

Data holds the key to the property market's evolution – here's why

Data, when used to its full potential, holds the key to the property market’s growth. The reason for this is the...

02 February 2022

From: Features

Outstanding year for EweMove hybrid agency as parent firm booms

Hybrid agency EweMove - which has a mix of working-from-home agents and High Street branches - has had an outstanding year...

01 February 2022

From: Breaking News

Low fee agents like Purplebricks not right for mass market - analyst

Low fee agents such as Purplebricks and some other online operators are generally not trusted by the public when selling their...

01 February 2022

From: Breaking News

Purplebricks admits uncertainty ahead after sharp drop in revenue

Purplebricks says there’s an uncertain period ahead following a sharp loss of revenue in the first half of its trading year. In...

31 January 2022

From: Breaking News

Referral fee offer for OnTheMarket agents via development deals

OnTheMarket has signed a deal with Brickflow, a new comparison site for development finance.   The portal says the partnership will provide member...

28 January 2022

From: Breaking News

Foxtons confirms sale move and reports big rise in revenue

Foxtons has confirmed its intention to sell the sales side of Douglas & Gordon, the London agency chain it acquired only...

27 January 2022

From: Breaking News

Market Boom - Big revenue rise for LSL despite conveyancing delays

A trading statement this morning confirms a large revenue rise for LSL Property Services. Group revenue increased by around 23 per cent last...

27 January 2022

From: Breaking News

We put AI to work on Estate Agents' data and here is what we found out!

In this guest piece, the team at Lifesycle discuss a recent experiment they did with AI and estate agents' data and...

27 January 2022

From: Breaking News

Revamped ‘Personal’ agency hopes to win self-employed agents

Hunters has tweaked its earlier version of hybrid franchising in a bid to attract self-employed agents. Hunters Personal was launched with a...

26 January 2022

From: Breaking News

PropTech boost for agents with Blockchain network in new deal

The PropTech network Coadjute, which says it will ultimately slash the time it takes to move house by as much as...

25 January 2022

From: Breaking News

Leaders Romans Group sold to another private equity firm

Bowmark Capital is selling its Leaders Romans Group, one of the UK’s largest property services groups, to another private equity operator, Platinum...

24 January 2022

From: Breaking News

We survived 2021, so what has 2022 in store for estate agents?

With the drastic changes enacted on the industry over the past two years thanks to the pandemic and political events such...

22 January 2022

From: Features

We’re Different - Agent group wants to stand out after 25 years

The Guild of Property Professionals is celebrating its 25th anniversary with a pledge to work hard this year to stand out...

21 January 2022

From: Breaking News

HMRC consulting on new Stamp Duty threat to property sales

A leading accountant is warning of a possible stamp duty change affecting residential property this year. HMRC is currently consulting on a...

10 January 2022

From: Breaking News

The rise of outsourcing in Estate Agency

The last two years have been dramatic and decisive for many people and many businesses. Both have reassessed their work approaches...

08 January 2022

From: Features

Branch Windows: should agents sell the space for advertising?

Could estate and letting agents sell their branch office window space for third party advertising, above and beyond promoting the properties...

07 January 2022

From: Breaking News

HMRC: UK government’s property taxes produce falling revenue

The UK is reported to have dropped down the league table of governments that secure vast amounts of income from property...

04 January 2022

From: Breaking News

Agency selling homes for free rolls out nationwide

The online agency Strike - which has a business model selling homes for free and relying on referral fees for revenue...

29 December 2021

From: Breaking News

Portal targets ‘eager movers’ in bid to end stock supply shortage

Zoopla’s chief operating officer says the portal has made progress for agents in 2021 but recognises there’s more to do next...

29 December 2021

From: Breaking News

Is it time to reform the tax we all love to hate?

As we slide into Christmas, with the busiest levels of house buying since 2006 and activity still buoyant, I don’t think...

22 December 2021

From: Features

From agency to software guru: meet MRI Software’s new Agency Solutions expert

MRI Software’s newest Agency Solutions expert, Michael Connolly, made the leap from working on the front line of an estate agent...

15 December 2021

From: Features

Capital Gains Tax on ALL homes - government told to act

A new report wants the government to consider slapping Capital Gains Tax on profits made from appreciating house values for all...

09 December 2021

From: Breaking News

HMRC set to clampdown on stamp duty dodgers

HM Revenue & Customs is consulting on how it can clamp down on property professionals and buyers who allegedly try to...

03 December 2021

From: Breaking News

Yopa secures yet more investment as it reveals ‘reduced losses’

The investment arms of Savills and the Daily Mail General Trust have pumped more cash into online agency Yopa which has...

01 December 2021

From: Breaking News

Build To Rent - why is it so cold and unfriendly?

Let’s begin with total transparency from this author: I believe there’s a place for Build To Rent in the wider portfolio...

27 November 2021

From: Features

Video interview - what are the benefits of third-party integrations?

In this latest video interview with the industry, Estate Agent Today's Lee Dahill chats to Richard Price, managing director of Dezrez,...

20 November 2021

From: Features

Agents - you think on-boarding should be easier, a survey claims

A survey of 100 agents commissioned by industry supplier Landmark suggests most believe the current onboarding process is ripe for simplification.  Some...

19 November 2021

From: Breaking News

How PropTech Can Help You Win More Instructions

PropTech has seen a surge in uptake over the last few years for several reasons – be it the Covid-19 pandemic...

13 November 2021

From: Features

At least eight new offices to open in 2022, pledges franchise network

Franchise giant Winkworth says at least eight new offices will open next year, following an upbeat performance in 2021. In a trading...

12 November 2021

From: Breaking News

Fears grow that agencies may have to pay new Economic Crimes Levy

Fears are growing that large estate agency groups may have to pay a mandatory levy towards the cost of anti-money laundering...

11 November 2021

From: Breaking News

HM Land Registry to accept only digital updates from next year

HM Land Registry will accept only digital register update applications from November 2022. Most applications received currently are submitted as PDFs or...

11 November 2021

From: Breaking News

Budget 2021 aftermath - did the chancellor target property for tax revenue? 

In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...

06 November 2021

From: Features

Purplebricks share price crashes after huge business slump

Purplebricks' share price tumbled a remarkable 34 per cent this morning when trading opened on the London Stock Exchange. The price crashed...

04 November 2021

From: Breaking News

Rebranded agency pledges revenue of over £1m per branch

An estate agency group is rebranding and pledges that it will build on its current revenue averaging £1m per branch.  Property group...

01 November 2021

From: Breaking News

House price rises prompt HMRC to launch Inheritance Tax probes

Increasing house prices has encouraged HM Revenue and Customs to launch huge numbers of probes into Inheritance Tax payments. According to law...

01 November 2021

From: Breaking News

Autumn Budget: will Sunak’s pledges create opportunities for agents in the new-build sector?

At first glance, Rishi Sunak’s Budget speech earlier this week didn’t offer much from a property perspective. But digging down a little...

30 October 2021

From: Features

Foxtons gives upbeat update on sales and lettings

Foxtons has given an upbeat trading update to shareholders this morning. It says so far this year sales revenue is a huge...

28 October 2021

From: Breaking News

Revealed – what is the state of the rental market today?

In the UK, 3.5 million households — which is over one-third of UK households — are either privately or socially rented,...

27 October 2021

From: Features

What Every Letting Agent Should Know about the Economic Crime Levy (ECL)

Disclaimer: This article is intended for information only and does not constitute legal advice. As part of its 2020 budget, the UK...

23 October 2021

From: Features

Referral fees and sales and finance back-up offered to agents

A new service has been launched claiming to offer ‘a new supportive partnership opportunity’ for agents to earn referral fees. Cox &...

22 October 2021

From: Breaking News

OnTheMarket posts strong results as agents move to full-fee contracts

OnTheMarket figures for the first half of this year show stronger revenue and improved profits. Agency numbers have increased modestly since January...

12 October 2021

From: Breaking News

HMRC uses Rightmove and Zoopla to snoop on tax payments

It’s been revealed that HM Revenue & Customs scours the listings on both Rightmove and Zoopla to assess whether property investors...

12 October 2021

From: Breaking News

PropTech Today - the importance of additional revenue streams for agents

I recently took part in a webinar hosted by ICG (The Innovation Collaboration Group) – titled ‘New estate agency revenue streams...

07 October 2021

From: Breaking News

HMRC probe into suspicious property deals revealed in leaked files

Chancellor Rishi Sunak says HM Revenue & Customs will probe any alleged wrongdoing in property purchases included in the so-called Pandora...

05 October 2021

From: Breaking News

Dev Malle, Chief Business Development Officer at Simplify

Who are you and what does it say on your business card? As Chief Business Development Officer I am responsible for Simplify’s...

01 October 2021

From: 60 Second Interview

Preparing for 2022 – How current trends will affect estate agencies

As we move into the autumn of 2021, what the coming year has in store for estate agents is something we...

29 September 2021

From: Features

Businesses, including agencies, hand back £1.3 billion in furlough money

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

22 September 2021

From: Breaking News

No-fee agent strikes £5 billion sales landmark

Strike chief executive Sam Mitchell has hailed the online agent’s no-fee model after reaching £5 billion worth of sales. The agency, previously...

20 September 2021

From: Breaking News

TPFG announces record interim results, boosted by Hunters acquisition

The Property Franchise Group (TPFG) – the umbrella property brand which incorporates well-known names such as EweMove, Ellis & Co, Martin...

14 September 2021

From: Breaking News

Property Natter: talking the secret to good photography and working for Foxtons

Good property marketing photos have arguably never been more important in an increasingly visual and tech-led world. We saw just the...

11 September 2021

From: Features

Shock call that stamp duty holiday should have been shorter - RICS

A surprise statement from the Royal Institution of Chartered Surveyors says the stamp duty holiday, which goes on until the end...

09 September 2021

From: Breaking News

Agency backs business advising on shop-to-resi conversions

Franchise giant Winkworth says it has backed the start up of a commercial company advising on investment in retail or business...

09 September 2021

From: Breaking News

Work Smarter with Reapit AgencyCloud’s MI Analysis Suite

Business intelligence is paramount to companies looking to gain a competitive edge, particularly in saturated markets like estate agency. Each client...

08 September 2021

From: Sponsored Content

Property tax threat returns as government sets Budget date

Lost in the noise of yesterday’s social care announcements, Chancellor Rishi Sunak has named October 27 as his next Budget Day...

08 September 2021

From: Breaking News

 Agency chief hails “superb” sales growth of 78 per cent

Belvoir’s chief executive haas taken to Twitter to hail his company’s latest results as “superb” - with sales for the franchise agency...

07 September 2021

From: Breaking News

HMRC brings agents back down to earth - big drop in transactions

House sales slumped nearly two thirds last month as the main deadline for the stamp duty holiday passed.  HM Revenue and Customs...

25 August 2021

From: Breaking News

Agents warned after HMRC reveals protocol breaches

Propertymark has issued a warning to agents following the fines imposed on three property agencies by HM Revenue & Customs for...

19 August 2021

From: Breaking News

Pioneering agency debt solutions firm snapped up by business group

Sinclair Taylor, the first company to offer debt solutions to estate agencies, has been acquired by The Broadriver Group, a diverse...

17 August 2021

From: Breaking News

HMRC targets property transactions after slump in tax income

HM Revenue & Customs is reported to be targeting recent home buyers after a slump in income from property taxes during...

13 August 2021

From: Breaking News

Referral revenue between agents hits £1.3m says network

Referral revenues shared between agents in a major industry trade group has hit over £1.35m.  Daniel Pepperell, regional director at The Guild...

12 August 2021

From: Breaking News

Purplebricks ends self-employed agent service and goes “fully employed”

Purplebricks has this morning confirmed that it’s ending its self-employed Local Property Experts operation and is moving to “a fully employed model...

10 August 2021

From: Breaking News

Capital Gains Tax threat returns - property “disposals” warning

A leading tax expert is advising investors to “plan your disposals” after new Capital Gains Tax figures have raised speculation of...

06 August 2021

From: Breaking News

Leap in house sales income for Savills as Covid bounce back continues

Savills has reported a bounce back after the Covid-hit performance in 2020. The agency has substantial overseas and commercial property and consultancy...

05 August 2021

From: Breaking News

Record figures for Your Move parent firm as it swings to finance

LSL Property Services - parent company of Your Move, Reeds Rains and Marsh & Parsons - has reported record figures as...

04 August 2021

From: Breaking News

Rightmove can be even more profitable, says bank in investor U-turn

A bank which a year ago told investors to sell Rightmove shares has now changed its tune - radically. In August 2020...

04 August 2021

From: Breaking News

Franchise agency shows startling growth from property, financial services

Belvoir has issued another upbeat trading report, saying its revenue for the first six months of the year is up 53...

03 August 2021

From: Breaking News

Boomin chief slams Rightmove over high fees, low investment

The head of Boomin has attacked Rightmove for the fees it currently charges agents, the likelihood of higher fees to come,...

02 August 2021

From: Breaking News

Market tectonics: will activity shift from sales to lettings?

The stamp duty holiday came and went with much fanfare. For many buyers it represented a rare opportunity to make some...

31 July 2021

From: Features

Agents’ fees to Rightmove soar as portal enjoys record performance

Rightmove has reported a dramatic bounce back in its fortunes - and it’s making more money from agents even than before...

30 July 2021

From: Breaking News

EweMove on track to double in size by the end of next year

Hybrid agency EweMove has continued growing with the sale of 37 new territories in the first six months of the year...

30 July 2021

From: Breaking News

Agents to issue tax information to prospective buyers

Propertymark has worked with one of the UK governments to create an information sheet which, in virtual or hard copy firm,...

29 July 2021

From: Breaking News

Hybrid hoped to be national by 2021 but now targets next five years

An estate agency which at one time hoped to be operating nationwide this year has now revised its target. Hortons says it...

29 July 2021

From: Breaking News

Paying For Viewings - will charging buyers really work?

A new service launched over the weekend, proposing to charge buyers £30 for a “guaranteed” viewing, has split opinions amongst estate...

26 July 2021

From: Breaking News

Pay-per-view wins Propertymark green light but agents warned

Propertymark says a new pay-per-viewing service is “interesting” but warns agents to protect themselves by abiding by consumer protection regulations. The warning has come following...

26 July 2021

From: Breaking News

Is This The Alternative To Stamp Duty?

There’s gathering momentum to do ‘something’ about the unfairness of council tax and stamp duty. This isn’t new in principle. Agents have...

24 July 2021

From: Features

Post stamp-duty - keep the home market’s fires burning

Remember the early days of lockdown when there was a general panic? Perhaps the hot demand for toilet rolls was a sign...

24 July 2021

From: Features

HMRC warns of “negative impacts” of Coronavirus on sales figures

HM Revenue & Customs has warned of what it calls the “negative impacts” of the pandemic on the latest property transactions...

22 July 2021

From: Breaking News

New property tax demanded by MPs who want more money for councils

A group of MPs has suggested the government consider a “proportional property tax” to replace the current council tax, in a...

20 July 2021

From: Breaking News

Property Natter: how can agents ensure they don’t suffer costly missed opportunities?

Let it never be said that this column isn’t here to help out agents directly. In this week’s Natter, I speak...

17 July 2021

From: Features

Transactions time – how long and how much of a difference can agents make?

Anyone working in residential property knows it is taking longer and longer to get from SSTC (sold subject to contract) to...

10 July 2021

From: Features

Purplebricks to offer money-back guarantee if homes don’t sell

Purplebricks has addressed its critics on house sales by pledging to return vendors’ upfront fees if the agency fails to find...

06 July 2021

From: Breaking News

Digital signatures key to modernising agent work - Reapit director

Digital signatures are not new but the relative slowness with which they have been adopted by the industry is disappointing, according...

06 July 2021

From: Breaking News

Tax windfall for estate agents working from home during pandemic

Agency staff who worked from home at any point during the pandemic - even for just one day - can still...

05 July 2021

From: Breaking News

Book Review: The Ultimate Property Listing by Neil Whitfield

I recently saw a fly-through video for a home on sale for well over £2m. The imagery was good (made better by...

26 June 2021

From: Features

Can a veteran High Street agent make an online agency successful?

Peter Everett - a veteran High Street estate agent with a quarter of a century at LSL and a decade at...

25 June 2021

From: Breaking News

PropTech Today: automating lettings - challenges and opportunities

As agents, we’ve finally got used to the word PropTech - some of us even like it! What’s more, PropTech has,...

23 June 2021

From: Breaking News

Property Natter: how tech-led will estate agency be in 10 years?

Around 18 months ago, just a few months before the pandemic hit, I did a Natter with the team at software...

19 June 2021

From: Features

Hybrid agency promises to double in size within 18 months

EweMove, the high profile hybrid estate agency owned by The Property Franchise Group, says it has recruited a record 30 new...

16 June 2021

From: Breaking News

OnTheMarket in stock market bid to woo new investors

OnTheMarket, which a few days ago indicated it was in profit for the first time, is to woo potential new investors...

15 June 2021

From: Breaking News

OnTheMarket success: agency numbers up, in profit, repays furlough

OnTheMarket’s new chief executive has posted his first full year’s trading figures - and they suggest the portal is making progress...

08 June 2021

From: Breaking News

Revealed: how digital innovation is transforming estate agency

The growth of the internet and technology has transformed virtually every aspect of our lives, including how we approach the property...

05 June 2021

From: Features

Foxtons reveals big sales leap - and ignores investor criticism

In a trading statement this morning Foxtons has revealed that following a 49 per cent increase in sales revenue in the...

03 June 2021

From: Breaking News

Digital onboarding service launches with 900 agency branches

Movebutler, the digital onboarding platform from online auction specialist iamproperty, says it has some 900 agency branches signed up. These include Martin...

28 May 2021

From: Breaking News

The leaky bucket of estate agency and how to fix it

Gathering and analysing feedback at all stages in the customer journey is highly important. So, where do we begin? For many estate...

15 May 2021

From: Features

New Zoopla deal backs ambitious growth plans of agency group

Zoopla has issued a statement saying it’s entering into a long-term partnership with the Leacders Romans Group, which will be “curated...

14 May 2021

From: Breaking News

Ben Ridgway, Group Managing Director at iamproperty

Who are you and what does it say on your business card? I’m Ben Ridgway, Group Managing Director at iamproperty. What is iamproperty...

10 May 2021

From: 60 Second Interview

The reality of RoPA – an alternative view on estate agency regulation

We have more regulations controlling the sector than ever before and we have more ‘regulators’ involved in controlling the sector than...

01 May 2021

From: Features

What would you do with an extra 6.5 hours a week?

You could make about 65 more cold calls, or hold 13 more viewings, or you could take a power-nap every day...

01 May 2021

From: Features

Furlough funding refunded to government by major agency group

Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...

28 April 2021

From: Breaking News

Hybrid EweMove booming with sales and pipeline soaring

The Property Franchise Group’s hybrid agency EweMove more than doubled its income in 2020 to £5m, according to a statement to...

28 April 2021

From: Breaking News

Agents’ performance measured by PropTech firm’s new dashboard

Software provider Rex has launched three new live dashboards for agencies, one of which covers agent performance. Rex says the dashboards -...

27 April 2021

From: Breaking News

PropTech: What are the biggest questions on Apps vs APIs?

In my previous Estate Agent Today feature, I endeavoured to explain the key differences between APIs and Apps, to help improve...

24 April 2021

From: Features

Red Flag! Insolvency firm warns of growing distress in property sector

An insolvency specialist is warning that the real estate sector of the UK is seeing more firms in financial distress despite...

23 April 2021

From: Breaking News

Boom goes on as transactions and prices soar

The average UK house price has risen 8.6 per cent - that’s typically £20,000 - in the past year. This is the...

22 April 2021

From: Breaking News

Stamp Duty: Conveyancer tells agents how to beat deadline

Agents are being urged to push through their pipelines before the upcoming stamp duty deadlines. The plea comes from Simply Conveyancing, which...

19 April 2021

From: Breaking News

London looking up at last, say Foxtons and Chestertons

Foxtons has reassured investors that 2021 has started well and the agency is on the road to recovery after the Coronavirus...

15 April 2021

From: Breaking News

Apps vs APIs: Which is best for agents?

Have you found yourself asking the question: “what is the difference between an API and an App?” No doubt we are all...

14 April 2021

From: Features

Agents say slow house buying process is industry’s biggest issue

A survey of 5,000 agents suggests the slow house selling and buying process is one of the biggest challenges facing the...

14 April 2021

From: Breaking News

Property Natter - will there be live property events this year?

The last property event I attended in person – and I think the last physical property event held all told –...

10 April 2021

From: Features

Agency plans five new offices a year despite profit slump

Winkworth says Covid and its aftermath will not derail plans to open five offices a year.  In a trading statement to shareholders...

09 April 2021

From: Breaking News

Major agency signs two year extension with Zoopla

With increasing numbers of portals battling for membership and revenue, Zoopla has revealed that all Carter Jonas’ residential branches will list until...

08 April 2021

From: Breaking News

Yopa raises its profile in battle with Purplebricks and Strike

Yopa has instructed two companies to help with its brand building as it battles with other major online players. It’s appointed M.i. Media...

31 March 2021

From: Breaking News

Stamp Duty Holiday red tape will cost taxpayers £750,000

It’s costing taxpayers £750,000 just for the government to update its IT systems to handle the stamp duty holiday.  In a document...

29 March 2021

From: Breaking News

Consolidation in PropTech as live chat provider is snapped up

Agency marketing platform BriefYourMarket has acquired live chat and customer experience provider Yomdel.  BriefYourMarket says the addition of Yomdel to its offer...

25 March 2021

From: Breaking News

OnTheMarket completes purchase of PropTech firm Glanty

OnTheMarket has completed its purchase of PropTech firm Glanty - a deal which began 15 months ago.   OTM took an initial 20...

22 March 2021

From: Breaking News

Is flexibility the future of estate agency?

The events of the last 12 months have potentially shaped the future of our sector for years to come. There has been...

20 March 2021

From: Features

Should Foxtons repay its furlough money?

Pressure is building on London agency Foxtons to repay its furlough funding. The company issued an upbeat trading statement on Wednesday; while...

12 March 2021

From: Breaking News

Foxtons set for more takeovers and new tech investment in data

Foxtons says it's set for radical new investment and further takeovers following the acquisition of rival London agency Douglas and Gordon. In...

10 March 2021

From: Breaking News

eBay and Amazon use omnichannel marketing - why don’t you?

As a property agent, fancy marketing terminology such as ‘omnichannel’ might not hold too much interest for you right now. We’re in...

06 March 2021

From: Features

Rightmove reveals how much money it makes from agents

Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact...

26 February 2021

From: Breaking News

Boomin blasts Rightmove as bleak, broken and bloated

An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...

26 February 2021

From: Breaking News

Connells says it's UK's leading agency even before Countrywide acquisition

Connells Group says it is the UK's largest estate agency group by market share - and that's before the Countrywide acquisition...

24 February 2021

From: Breaking News

Stamp duty surge shows signs of weakening says HMRC

Transaction totals took a tumble last month for the first time since last summer as HMRC figures suggest the stamp duty...

24 February 2021

From: Breaking News

OnTheMarket to boost investment in new products

OnTheMarket says it’s going to increase investment in new products and services, and invest further in ‘internal website development resources’. In a...

23 February 2021

From: Breaking News

Agency claims it’s No 1 seller of prime central London property

An agency says it now sells more prime London properties than any of its rivals. Chestertons makes the claim based on figures...

22 February 2021

From: Breaking News

Boomin pledges ‘highly memorable’ TV ads as launch date nears

Boomin, created by Michael and Kenny Bruce, promises “highly memorable and engaging” TV and radio ads at its launch in the near...

05 February 2021

From: Breaking News

Official data shows why phased end to SDLT break is key - top agent

New government figures show that stamp duty transactions in the final quarter of last year were 43 per cent higher than in...

04 February 2021

From: Breaking News

Stamp Duty Debate As It Happened - What MPs Said

Labour and Conservative MPs have expressed a unanimous view on their desire to see an extension of the stamp duty holiday...

01 February 2021

From: Breaking News

D-Day - will MPs back industry call for stamp duty holiday extension?

Today’s the day when Parliament debates a possible extension to the stamp duty holiday beyond its March 31 cliff edge deadline...

01 February 2021

From: Breaking News

Connells and Countrywide to be test-bed for Zoopla innovations

Connells Group, now on the threshold of taking the ailing Countrywide empire under its wings, has signed a five year partnership...

01 February 2021

From: Breaking News

Boomin dismisses speculation of ‘direct sales’ cutting out agents

Boomin has denied that it will ever allow direct property sales, cutting out estate agents. Founder Michael Bruce says the new service...

29 January 2021

From: Breaking News

Failed Sales fear as Stamp Duty Holiday cliff edge approaches

A large majority of estate agents fear a surge in 'failed sales’ as the stamp duty holiday cliff edge gets ever-closer. The latest National...

27 January 2021

From: Breaking News

Extend stamp duty holiday for exchanged properties, say finance chiefs

The stamp duty holiday should be extended to include properties that have exchanged but have yet to complete, a leading accountancy...

26 January 2021

From: Breaking News

In Conversation Today – Q&A with the man behind a 2020 success story

By any available metric, Belvoir had a good 2020. Already a well-known and well-established name, it was highly praised for its...

21 January 2021

From: Breaking News

Pipeline surge not enough to stop Your Move/Reeds Rains revenue drop

Revenues for LSL Property Services - owner of Your Move and Reeds Rains - dropped last year by 15 per cent. Although...

18 January 2021

From: Breaking News

New PropTech for auctioneer to work more closely with agents

Property auctioneer Pugh, which has 11 offices across the UK, has unveiled bespoke new technology to support its work with estate...

14 January 2021

From: Breaking News

HMRC names agencies breaching anti-money laundering processes

Estate agencies have been named by HM Revenue & Customs for breaching anti-money laundering regulations. The list of those breaching the rules...

12 January 2021

From: Breaking News

Boomin signs up another 15 independents ahead of delayed launch

Boomin has announced another 15 independents as members of the site, which is expected to launch in the near future. “The latest...

11 January 2021

From: Breaking News

Independent agents launch portal alternative to Rightmove

Independent agents inspired by the Say No To Rightmove campaign are to launch a rival portal next month. Wearethemarket is a portal...

08 January 2021

From: Breaking News

How can we improve property matchmaking beyond the online portals?

Over the last 20 years, the growth of online property portals – including Zoopla, Rightmove and PrimeLocation – has transformed the...

06 January 2021

From: PropTech & Innovation

Countrywide’s former management slammed by industry veteran

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

06 January 2021

From: Breaking News

Phil Spencer: What challenges lie ahead as 2021 gets underway?

Following a turbulent 2020 in which the property market and the professionals working within it excelled in the face of unprecedented...

04 January 2021

From: Breaking News

Top online agency reveals £17.8m loss - can online ever be profitable?

A £17.8m pre-tax loss has been reported by Yopa in its latest financial statement filed at Companies House. Figures lodged just before...

29 December 2020

From: Breaking News

Furlough Fraud: MPs want agencies and other claimants named

MPs want the government to publish the names of estate agencies and other companies claiming furlough funding. The all-party Public Accounts Committee of...

21 December 2020

From: Breaking News

Online and super-prime agencies blasted by government report

Around half of all estate agencies selling homes for £5m or more have not even registered for anti-money laundering processes, and/or...

18 December 2020

From: Breaking News

Boomin signs another two agencies - more to be named soon

The Bruce brothers’ portal Boomin has signed two high profile regional agencies from the north of England. Manning Stainton and Farrell Heyworth...

18 December 2020

From: Breaking News

Madness! Government refusal to extend SDLT holiday provokes anger

Agents and property experts have reacted angrily to the government's refusal to extend the stamp duty holiday. The government has told campaigners that...

17 December 2020

From: Breaking News

Yes Purplebricks - but how many homes do you actually SELL?

Mystery still surrounds the number of homes actually sold by Purplebricks, despite upbeat statements regarding the number of instructions it wins. The...

16 December 2020

From: Breaking News

PropTech Today: Trends to watch for in 2021

It is the end of my column for another year, my 4th if I am not mistaken.  This year has seen a...

16 December 2020

From: Breaking News

Branch closures and Covid lead to big LSL revenue slump

Revenues have slumped by 18 per cent at LSL Property Services, the corporate which boasts Your Move and Reeds Rains and...

14 December 2020

From: Breaking News

Foxtons reports improved sales performance this autumn

Foxtons has this morning reported to shareholders that its sales revenue has improved - although both mortgage and lettings revenue have...

11 December 2020

From: Breaking News

Capital Gains Tax hike may LOSE money, says investment chief

A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...

10 December 2020

From: Breaking News

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

09 December 2020

From: Breaking News

PropTech: Boomin reveals first CRM integration

Software provider Dezrez has entered into an integration partnership with Boomin - the fledgling portal’s first PropTech deal.  The agreement ensures that...

07 December 2020

From: Breaking News

Another 300+ branches list on Boomin as it signs major agency

Belvoir has become the latest major agency group to sign up to Boomin as a founder agent.  The properties of all four...

03 December 2020

From: Breaking News

Modern Method of Auction attracts Zoopla member agents

Over 100 Zoopla member branches have signed up to the Modern Method of Auction system offered via the portal. Over the summer Zoopla...

03 December 2020

From: Breaking News

PropTech product for independent agents claims to slash 'lost business'

The Federation of Independent Agents trade group has unveiled a new automated nurture product available exclusively to members - and it claims...

01 December 2020

From: Breaking News

Stamp duty clampdown revealed by HMRC and advertising watchdog

HM Revenue and Customs and the Advertising Standards Authority are working together to cut out misleading marketing by promoters of stamp...

30 November 2020

From: Breaking News

Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told

Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...

25 November 2020

From: Breaking News

Trading Standards to advise Boomin on referral fees disclosure

The Boomin portal, which incentivises agents to cross-sell and benefit from referral fees, is to receive advice on fee disclosure from...

19 November 2020

From: Breaking News

 Slowdown ‘is right time to invest in PropTech to optimise revenue’

The founder of OneDome says a likely housing market slowdown is the perfect time for agents to optimise revenue by investing in PropTech. Babek Ismayil believes...

19 November 2020

From: Breaking News

How the shift to digital can improve your client experience

It’s no secret that the recent pandemic has forced more businesses to operate remotely, but the shift for estate agents has...

18 November 2020

From: Features

Will Boomin’s “fair fees” tempt agents to quit Rightmove?

The new property portal Boomin has revealed its fees structure for agents. Tapping into the industry debate over portal fees, Boomin describes...

18 November 2020

From: Breaking News

How auctions can help agents through the second lockdown

As we embark on another nationwide lockdown, the team at SDL Auctions are keen to help agents ride the storm, beat...

11 November 2020

From: Sponsored Content

Boomin signs up hundreds of new franchise branches

The six brands that make up The Property Franchise Group are the latest signings for yet-to-launch portal Boomin. TPFG’s brands are national...

10 November 2020

From: Breaking News

Four revenue generation tips for letting agents

What are the best ways for a letting agency to generate additional revenue and stay ahead of the competition? Management fees are...

07 November 2020

From: Features

Will extended furlough help struggling agents and suppliers?

Chancellor Rishi Sunak has extended the furlough scheme until the end of March. It will continue under the current rules, with the...

06 November 2020

From: Breaking News

PropTech Today: Using technology to underpin your lettings division

I remember so clearly in my Foxtons days, working as a lettings manager in Putney, that lettings, though less sexy than...

04 November 2020

From: Breaking News

Furlough pay-back: Agency in talks with HMRC

Knight Frank is in talks with HM Revenue and Customs to return furlough money as a result of relatively strong trading, notwithstanding...

03 November 2020

From: Breaking News

Boomin portal reveals how agents will be charged for listings

Boomin is to levy a traditional monthly fee for estate and letting agents listing on the site, in line with other...

03 November 2020

From: Breaking News

Boomin reveals 'lifetime revenue' potential for agents

Advanced information released today about Boomin suggests it will seek a much closer relationship with agents than existing portals, with lifetime...

02 November 2020

From: Breaking News

Stamp Duty receipts up despite first time buyer exemption

Figures just released from HM Revenue & Customs show just how much stamp duty buyers pay, at least before the current holiday...

02 November 2020

From: Breaking News

Boost for Foxtons as sales improve - but revenue still down on 2019

A trading statement from Foxtons this morning provides a rare piece of good news for the troubled London agency. It says business...

29 October 2020

From: Breaking News

Getting PropTech for free? It's probably because you're the product

The proliferation of free and accessible digital services has - at face value - brought us many great things: same-day deliveries,...

28 October 2020

From: Features

Top things to look for in a valuation tool

Here at The ValPal Network, we know that there are other options available when considering to use a valuation tool, so...

27 October 2020

From: PropTech & Innovation

Facebook users to be targeted with properties matching their likes

A new tool which identifies preferences of Facebook users and then targets them with ads for appropriate homes on sale, is...

27 October 2020

From: Breaking News

Property Natter: why diversification is the spice of life for agents

The property market has bounced back with all of the expected resilience and flexibility that is its hallmark since it reopened...

24 October 2020

From: Features

Why we’re backin’ Boomin - top agents speak out for new portal

The senior management from four of the agencies announced as founding members of Boomin have spoken out in favour of the...

19 October 2020

From: Breaking News

Top Ten! Boomin portal reveals high profile founding agencies

The new Boomin portal being launched shortly has named 10 high profile agency chains as founding members. The 10 give the new portal...

16 October 2020

From: Breaking News

Online agents and deals run bigger money laundering risks - government

The government has issued new guidance to estate and lettings agencies on their obligations regarding money laundering issues - and online...

15 October 2020

From: Breaking News

Big revenue rise for OnTheMarket but agent numbers stalling

OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent...

13 October 2020

From: Breaking News

Are you steering clear of new Boomin portal? agents asked

A PropTech platform wants to find out agents’ views on a range of industry issues - and that includes whether they...

12 October 2020

From: Breaking News

Referral fee transparency shows why panel management is outdated

The latest review by the National Trading Standards Estate and Letting Agency Team into referral fees places the outdated practice of...

10 October 2020

From: Features

Free-to-list portal company wins another £5m funding

Property technology company OneDome, which operates two portals - OneDome and Nethouseprices - has raised another £5m in funding.  It says it...

29 September 2020

From: Breaking News

Record figures for leads to agents, claims free-to-list portal

One of the growing number of free to list property portals, Residential People, claims a record-breaking number of sales and letting...

23 September 2020

From: Breaking News

Tips for growing your management portfolio in uncertain times

Despite the recent effects of the Covid-19 pandemic, there is still much opportunity in the market for letting agents to grow...

19 September 2020

From: Features

Rightmove’s loss “10 times any other top portal in the world”

Rightmove, which recently posted a 37 per cent drop in revenue for the first six months of 2020, has lost almost...

11 September 2020

From: Breaking News

Profits and revenue slump for Winkworth as franchise interest slows

Franchise giant Winkworth has reported an 11 per cent drop in gross revenue and profit plummeting 20.2 per cent in the...

10 September 2020

From: Breaking News

What happens when your sales progressor is off work?

At mio, we often have conversations with Estate Agency firms who have a dedicated sales progresser in their team. Whilst there...

09 September 2020

From: Sponsored Content

Boomin - new portal snaps up Rightmove and Zoopla staff ahead of launch

The portal  set up by Purplebricks founders Michael and Kenny Bruce has revealed it's recruited Rightmove and Zoopla personnel and intends...

09 September 2020

From: Breaking News

Hybrid agency outpaces High Street brands, company results show

Hybrid agency EweMove has outperformed its traditional sister companies within The Property Franchise Group over the past six months. That’s the clear...

09 September 2020

From: Breaking News

Autumn 2020 - seven things to watch

It’s no surprise the mainstream news remains dominated by coronavirus - not so much the actual effect of it right now,...

05 September 2020

From: Features

Another self-employed agency model boasts of 100 new recruits

The battle between rival self-employed agent business models continues apace with eXp UK - set up last autumn - announcing it...

26 August 2020

From: Breaking News

Transactions - there’s good news and there’s bad news…

The scale of the market bounce back after lockdown is made clear in new figures from HM Revenue & Customs. It registers...

24 August 2020

From: Breaking News

Letting agents still struggling to open bank accounts

Letting agents are struggling to open new bank accounts and even large established letting agents with a long history of trading...

22 August 2020

From: Features

Major Countrywide shareholder demands “bold action to save company

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

19 August 2020

From: Breaking News

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

Rightmove has nothing to fear but Rightmove itself

It must have been a close thing on Friday as to whose faces were looking the most glum - those at...

08 August 2020

From: Features

Agents stay loyal to Rightmove but it suffers revenue and profits dive

Almost all estate agents are still saying Yes to Rightmove, according to figures produced by the portal this morning. Membership numbers for...

07 August 2020

From: Breaking News

High-end agency latest to report slump in revenue and profits

The UK residential activities of high-end agency Savills suffered a 54 per cent reduction in profits and an eight per cent...

07 August 2020

From: Breaking News

Top agency group “increasingly optimistic” about market despite Covid

The chairman of LSL Property Services - Simon Embley - says he is “increasingly optimistic” about the outlook for the market,...

05 August 2020

From: Breaking News

Furlough Fraud: HMRC targets property firms for investigation

A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough...

04 August 2020

From: Breaking News

New portal reveals charges to agents plus extra for multi-listing service

The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September...

04 August 2020

From: Breaking News

Purplebricks delays changes to fees structure until the autumn

    Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until...

03 August 2020

From: Breaking News

Redundancies at OnTheMarket ‘under consideration’ admits portal

OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been...

03 August 2020

From: Breaking News

Property Natter - what are the differences between UK and US agents?

We have had a special relationship for many years and are bonded as countries in many ways – historically, politically and...

01 August 2020

From: Features

Covid-19 is speeding up PropTech - what are you waiting for?

What do General Electric, IBM, Microsoft, and WhatsApp have in common? Yes, they are American companies that boasted revenues of $50...

29 July 2020

From: Features

Foxtons claims over £4m of government help - trading statement

A trading statement from Foxtons this morning reveals that 85 per cent of staff are now off furlough, and that the...

28 July 2020

From: Breaking News

Hybrid EweMove outshines traditional agencies, suggests parent firm

The EweMove hybrid agency has been singled out for special praise in a trading statement from its parent company, which also...

24 July 2020

From: Breaking News

Purplebricks founders reveal name of new ‘portal’ project

Purplebricks founders Michael and Kenny Bruce have revealed the name of their new property venture.  It’s to be called Boomin. There are still few specific...

22 July 2020

From: Breaking News

Countrywide: who will be the next leader of ailing company?

The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...

22 July 2020

From: Breaking News

Is the housing market really storming ahead as some say?

Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures...

22 July 2020

From: Breaking News

Capital Gains Tax - could it be applied to first homes over £500,000?

Speculation is mounting that Capital Gains Tax could for the first time be applied to gains made when owners sell first...

20 July 2020

From: Breaking News

New home sales duty takes effect today north of the border

The new thresholds for the Scottish equivalent of stamp duty come into effect today - a week after the SDLT holiday...

15 July 2020

From: Breaking News

A new portal? Purplebricks founder launches project with ex-Reapit boss

The founder of Purplebricks, Michael Bruce, has this morning revealed his new project to be called Launch B - and he...

14 July 2020

From: Breaking News

Stamp Duty Holiday should lead to council tax reform, says agency

A major agency is warning that the current stamp duty holiday could leave the housing market in a state of lethargy...

14 July 2020

From: Breaking News

Big Rightmove losses predicted, but it's recovering fast - bank

The investment bank UBS says it’s forecasting that Rightmove revenues will be down £53m in the first half of this year. “The...

13 July 2020

From: Breaking News

Upfront property information – we need to stop ‘going round the houses’

At a recent Conveyancing Association webinar focused on the provision of upfront information in the property sale process, there was a...

11 July 2020

From: Features

Purplebricks' latest TV advertising campaign starts today

Purplebricks is starting a new wave of TV advertisements today, continuing its theme from earlier this year as a sponsor of...

03 July 2020

From: Breaking News

Sales progression – Why? How? Let’s get better

With three months of lockdown behind us, commission income is vital, and sales progression is more important than ever. Emma Vigus, Managing...

27 June 2020

From: Features

Franchise group revenue hit by 20% because of virus lockdown

Revenue for The Property Franchise Group was hit by 20 per cent cent thanks for the lockdown - but sales listings...

26 June 2020

From: Breaking News

Start-ups saving letting agents time and money will thrive

As we adjust to a life post-Covid-19, letting agents, landlords, and tenants are thinking - ways to speed up the process...

24 June 2020

From: Features

Rightmove really IS very good value for agents, insists ex-director

The former commercial director of Rightmove has made a strong defence of much of the company’s activities, including the charges it...

18 June 2020

From: Breaking News

Hybrid agency launches share offer for investors after rapid growth

One of the leading ‘new breed’ of hybrids relying on self-employed agents is opening a share offer to investors in a...

18 June 2020

From: Breaking News

OnTheMarket still aims to be top portal - and ponders next move on fees

OnTheMarket says it still aims to be the number one portal, but the acting chief executive has revealed a far more...

12 June 2020

From: Breaking News

9,000 branches on paying contracts with OnTheMarket, portal says

OnTheMarket says in a trading statement this morning that as of May 31 only some 9,000 branches were on paying contracts...

11 June 2020

From: Breaking News

Countrywide branch faces police and HMRC threat after furlough allegation

The managing director of a Winkworth branch is threatening to report a senior member of a nearby Countrywide office to the...

10 June 2020

From: Breaking News

Work/life balance and the lion’s share of commission – become a master of your own destiny

If you are an established UK estate agent, the status quo dictates that you will most likely work for ‘the man.’ Corporate...

09 June 2020

From: Sponsored Content

National auctioneer seeks agency partners for new sales initiative

National property auctioneer Pugh & Co is launching an initiative to partner with estate agents across the UK. Via a new network...

08 June 2020

From: Breaking News

Property Natter – who are the challenger portals?

The only story that has come remotely close to pushing coronavirus – and its various knock-on effects – off the top...

06 June 2020

From: Features

Countrywide shareholders invited to submit AGM questions

Troubled estate agency group Countrywide has invited shareholders to submit questions to the company ahead of its AGM later this month. Countrywide...

02 June 2020

From: Breaking News

“Don’t buy a new home before selling old one” tax experts tell buyers

A group representing 600 tax experts working in UK legal and accounting firms is warning buyers not to purchase a new...

28 May 2020

From: Breaking News

Tom Harrington, Managing Director of PropCert.

Who are you and what does it say on your business card? My name is Tom Harrington and I’m the founder and...

26 May 2020

From: 60 Second Interview

How agents can win with the new Electrical Safety Regulations

Letting agents up and down the country have undoubtedly felt the financial strain added by the outbreak of COVID19. Whilst this will continue,...

26 May 2020

From: Sponsored Content

Foxtons sales commissions collapse by 61% during Coronavirus period

New figures released by Foxtons this morning show a collapse in commission income to the agency during the Coronavirus period. Sales commissions...

26 May 2020

From: Breaking News

Countrywide wants damages from mystery buyer who pulled out of deal

Countrywide says it is pursuing the businessman who failed to complete on the purchase of the troubled agency’s commercial arm, Lambert...

21 May 2020

From: Breaking News

Big Three portals accused of abusing agents’ data

A free to list portal has blasted Rightmove, Zoopla and OnTheMarket for using agents' data to boost their profits.  Christopher May, chief...

18 May 2020

From: Breaking News

Rightmove launching biggest-ever marketing campaign - no news on fees

Rightmove says it’s to launch its biggest ever national marketing campaign in a bid to kick-start the market once lockdown eases. The...

07 May 2020

From: Breaking News

Purplebricks market share and revenue drop sharply - new analysis

The market share for all online agents fell sharply in the period up to the start of the pandemic according to new...

05 May 2020

From: Breaking News

Three reasons why estate agency should be first out of lockdown

The coming week’s stories in the mainstream media - inevitably focused on Coronavirus - will be dominated by two things. Firstly there...

02 May 2020

From: Features

Say No To Rightmove campaign slammed for ‘lack of long-term vision’

The Say No To Rightmove campaign, which expects to have some 3,000 offices signed up by the end of the month,...

24 April 2020

From: Breaking News

Stamp Duty Holiday? Momentum builds as law firm joins the call

A property law firm is the latest to back a call for a stamp duty holiday to help kick-start the housing...

24 April 2020

From: Breaking News

Agents Beware: higher insurance premiums likely despite row over losses

The company at the centre of a controversy over estate agents’ business interruption insurance says its core package does NOT cover...

23 April 2020

From: Breaking News

High demand awaits agents after the lockdown, HMRC data suggests

House sales edged down only slightly in March compared with February according to HM revenue & Customs, despite the lockdown in...

22 April 2020

From: Breaking News

Now is the time for agents to go up-market claims Fine & Country

Fine & Country says now is “a great time” for estate agents to go upmarket and become “the luxury agent” in...

21 April 2020

From: Breaking News

Rightmove in crisis: “No clear downside” to quitting, agents told

A new analysis of the simmering Rightmove crisis says there is now “no clear downside” stopping agents leaving. The Financial Times says that Rightmove’s...

20 April 2020

From: Breaking News

Rightmove downgraded as bank warns of agency closures accelerating

Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged...

17 April 2020

From: Breaking News

Agents Jobs At Risk: furlough scheme must be longer says industry chief

A high number of agents across the country have been furloughed in recent weeks and are now at risk of losing...

16 April 2020

From: Breaking News

OnTheMarket furloughs over 20% of staff and defers credit arrangements

OnTheMaket has this morning announced a raft of what it calls ‘mitigating measures’ to help it survive the Coronavirus crisis. These include...

15 April 2020

From: Breaking News

Only half of Zoopla’s branches have taken up ‘free deal’ offers

Only half of the branches signed up to Zoopla have taken advantage of one or other of the discount offers made...

15 April 2020

From: Breaking News

EXCLUSIVE - Agents' Cash Crisis: reduced income until autumn

The impact of the Coronavirus crisis is going to reduce agents' revenue into the third quarter finishing in late September warns a leading...

14 April 2020

From: Breaking News

Third largest agency taking “appropriate measures” to limit virus chaos

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the...

31 March 2020

From: Breaking News

Purplebricks reveals massive cost-cutting measures to stay afloat

Purplebricks has this morning revealed what it calls “immediate and significant measures to preserve cash and implement a lean operating model”...

30 March 2020

From: Breaking News

Rightmove’s offer to agents may be the most generous in the world

An international comparison of how major portals have discounted their charges to agents show Rightmove and Zoopla making “deeper and longer...

26 March 2020

From: Breaking News

Conquering Corona: new info, guidance, links for agents facing the virus

Hello: so much has happened since the last Conquering Corona column . Before we get on with it, a reminder to...

24 March 2020

From: Breaking News

Rightmove and Zoopla unveil offers for agents

The two major portals have unveiled their discounts and deals for agents facing a dramatic loss of business because of the...

20 March 2020

From: Breaking News

OnTheMarket gives short-term 33% discounts to ‘full price’ agents

OnTheMarket this morning announced what it calls “a payment support initiative” for those agents paying full-price membership. It’s for three months and...

19 March 2020

From: Breaking News

Rival portal offers free listings as agents rage at Rightmove

There’s been widespread outrage amongst agents at Rightmove’s offer to allow some agents a deferred payment scheme operating for just three...

19 March 2020

From: Breaking News

Move iQ Pro Coming Soon

Property expert Phil Spencer will soon be sharing his unique insight into Move iQ’s engaged consumer audience alongside advice from other...

16 March 2020

From: Sponsored Content

Purplebricks faces takeover as shares slump, predicts analyst

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

16 March 2020

From: Breaking News

Portals Say No! They reject agents' plea for virus payment holiday

The three leading portals have rejected an appeal to give the industry a payment holiday to help firms through the Coronavirus...

13 March 2020

From: Breaking News

Savills the latest agency to warn of Coronavirus threat to transactions

Savills is the latest agency to warn about the possible threat of Coronavirus to its business activities and success this year. In...

12 March 2020

From: Breaking News

Rightmove growth at all-time low, despite its market dominance

Rightmove’s growth rate is at an all-time low, despite what some consider to be an unbeatable lead amongst portals in the...

10 March 2020

From: Breaking News

Ian Springett sacked by OnTheMarket board with immediate effect

OnTheMarket has announced this morning that it has given notice to its chief executive, Ian Springett, with immediate effect. The troubled portal's...

09 March 2020

From: Breaking News

Intu the unknown - Could shopping centres become homes?

It may be that we’re facing another year - make that yet another year - of disruption in the housing market. Coronavirus...

07 March 2020

From: Features

Sellers desert online agents for High Street rivals, says Zoopla

Almost eight in 10 sellers have instructed High Street agents in the past year - a significantly higher figure than 12...

06 March 2020

From: Breaking News

Stamp Duty must be cut says Boris Johnson’s ‘own’ magazine

The right wing political magazine that Boris Johnson used to edit has called on him to cut stamp duty. The Spectator says...

03 March 2020

From: Breaking News

Uncle Sam vs Blighty - Two countries separated by a common language

The Atlantic Ocean is a vast space – some 4,000 miles eastwards across from the USA until land is met again....

29 February 2020

From: Features

Rightmove loses agents as latest figures show huge rise in fees and profits

Rightmove has released another stonking set of results - but there are signs that some agents are defecting from the ever-more-expensive...

28 February 2020

From: Breaking News

Foxtons warns of sales slump going on through 2020 despite Boris Bounce

Foxtons is warning that 2020 will be yet another difficult year for the agency despite the so-called Boris Bounce helping the...

28 February 2020

From: Breaking News

The future of renting for property service providers

The property management industry is evolving at a rapid pace, thanks almost entirely to the rise in PropTech. Hundreds, if not thousands...

26 February 2020

From: Features

Blood and branches will be shed in Countrywide merger, experts predict

Some of the biggest figures in the industry have given Estate Agent Today their reaction to the news - broken yesterday...

24 February 2020

From: Breaking News

Agents - please don’t leave a message after the tone

Why should agencies leave voicemail in the last decade and make 2020 the year to invest in a more modern solution? Voicemail...

22 February 2020

From: Features

Jed Topping, Business Development Executive for Virgin Media

Who are you? Jed Topping, Business Development Executive for Virgin Media How can sales and letting agents work with Virgin Media to earn extra revenue?...

20 February 2020

From: 60 Second Interview

Foxtons chairman to stand down next week

Foxtons has this morning announced that chairman Garry Watts is to retire from his position on March 1. He is also quitting...

20 February 2020

From: Breaking News

Nice Try! HMRC challenge stops bid to win stamp duty discount

A legal challenge by HM Revenue and Customs has stopped a bid to secure a stamp duty discount on a property. The...

20 February 2020

From: Breaking News

A joint venture! Agency on a roll in medical cannabis experiment

Savills has smoked out another money-making opportunity with a new enterprise which it claims has “enormous growth potential.” The property consultancy is teaming...

19 February 2020

From: Breaking News

Estate agents offered ‘free’ refurbs of hard-to-sell properties

A new renovation start-up is operating across eight cities and claims to be able to transform properties - including ones that...

04 February 2020

From: Breaking News

Agents told they could each save over £27,000 a year - but how?

As competition hots up between affinity groups and associations in the industry, the Guild of Property Professionals has come out fighting. It...

04 February 2020

From: Breaking News

Two-tier system can produce winners if landlords are prepared to move

After a challenging period for the UK property market, recovery is very much on the cards and the end to uncertainty...

01 February 2020

From: Features

Foxtons: another big sales slump revealed in trading statement

Foxtons's trading statement this morning reveals another huge slump in sales - but no new announcement about future branch closures after a spate...

30 January 2020

From: Breaking News

“Aggressive acquisition strategy” revealed by London agency

London-focussed high end agency Chestertons says it’s on the hunt for acquisitions after posting what it describes as a “record performance”...

30 January 2020

From: Breaking News

Big revenue slump after branch closures by LSL Property Services

LSL Property Services, which embarked on a significant branch closure programme last year, has reported a 16 per cent slump in...

28 January 2020

From: Breaking News

Two agents banned from being company directors until 2025

It’s been reported that two founders of an estate agency at Leigh in Greater Manchester have been banned until 2025 after...

28 January 2020

From: Breaking News

Independent agents offered ground-breaking new homes opportunities

Independent agents in a fast-growing trade body are to be given the opportunity to secure exclusivity on land deals and new...

27 January 2020

From: Breaking News

Property Jobs Today - who’s in? who’s out? who’s moving?

Hello - if it’s Monday it’s PJT day, so welcome to the latest update on key moves within our industry. Let us...

27 January 2020

From: Breaking News

A fundamental misalignment of interests between agents and portals

Property portals generate revenue from estate agents regardless of the outcome of the transaction. This relationship has resulted in a fundamental...

25 January 2020

From: Features

Agency boss has near-death experience and warns about work-stress

The founder of an online agency has spoken publicly for the first time about how his near-death experience led him to...

23 January 2020

From: Breaking News

Stamp duty receipts down again - agency demands government action

Data from HM Revenue & Customs shows tax receipts from stamp duty fell a further 5.2 per cent between 2018 and...

23 January 2020

From: Breaking News

How digitisation will change conveyancing – for the better

In the field of conveyancing, there’s a new dynamic at play. And that dynamic is customer-driven and customer-focused, using digital technology...

22 January 2020

From: Features

More market optimism as transactions enjoy end-of-year boost

The number of residential transactions rose by 6.2 per cent in December - an unseasonal increase - according to data from...

22 January 2020

From: Breaking News

Property Jobs Today - movers and shakers across the industry

Hello and welcome to a new week, and a new edition of PJT. If you’re on the move or your firm has...

20 January 2020

From: Breaking News

The six crimes of modern-day call handling

Six common ‘crimes of modern-day call handling’ are blighting UK estate and letting agencies and hampering their growth, reputation and profitability. These...

18 January 2020

From: Features

Big jump in London market share achieved by Winkworth

Winkworth says it’s achieved a big jump in London sales market share despite “an uncertain and difficult year that was dominated...

16 January 2020

From: Breaking News

2020 - the year of Airbnb, and the opportunity for agents

Over the past decade, the short-term rental industry, now eponymised by Airbnb, has experienced meteoric growth. This has been driven by the...

15 January 2020

From: Features

EweMove and Martin & Co parent firm sets up mortgage arm

The Property Franchise Group - which operates five High Street agency brands and the EweMove hybrid - has set up a...

15 January 2020

From: Breaking News

Each Purplebricks customer costs £375 for agency to acquire

A leading analyst says Purplebricks has clearly plateaued and will not reach its own target of a 10 per cent market...

14 January 2020

From: Breaking News

‘Purplebricks rival’ aims to recruit 25 agents in next 18 months

A hybrid estate agency which set a target of rivalling Purplebricks when it launched says it aims to recruit 25 agents...

14 January 2020

From: Breaking News

Countrywide, two years after Platt - time for the last rites?

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

11 January 2020

From: Features

Stamp Duty: will reform of hated tax begin on March 11?

The new government has announced that its first Budget is to be held on Wednesday March 11 - and it’s giving...

08 January 2020

From: Breaking News

OnTheMarket will be profitable by Easter says advisor

The financial consultancy advising OnTheMarket says the portal company will be in profit by Easter next year. “We now expect OnTheMarket to...

24 December 2019

From: Breaking News

OnTheMarket raises £3.4m and buys into PropTech firm

OnTheMarket has this morning announced it has raised £3.4m through a placing of shares. It has placed 4,857,143 new ordinary shares at a...

23 December 2019

From: Breaking News

Foxtons closes more branches as London market woe goes on - report

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

11 December 2019

From: Breaking News

Portal Fees: Rightmove, Zoopla and OTM explain their charges

We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...

09 December 2019

From: Breaking News

Agency revenue falls for Your Move, Reeds Rains and Marsh & Parsons

A trading statement this morning by LSL Property Services - owners of Reeds Rains, Your Move and Marsh & Parsons -...

02 December 2019

From: Breaking News

Technology can give letting agents new life instead of a slow death

No one would argue that unfair fees and practices by rogue landlords is a problem that should be ignored, but the...

30 November 2019

From: Features

Stamp Duty Reform: have the Conservatives got cold feet?

Pressure is building on the Conservative party to honour its previous commitment to reform stamp duty for British buyers and sellers...

22 November 2019

From: Breaking News

Early Christmas gift for agents as transactions show surprise rise

Data from HM Revenue & Customs has revealed that residential property transactions have increased by 4.3 per cent year-on-year. In October 2019...

22 November 2019

From: Breaking News

No mention of EweMove performance in latest TPFG trading statement

The Property Franchise Group has issued a trading statement that is upbeat on lettings but warns that the sales market has...

21 November 2019

From: Breaking News

Why agents need to embrace the incremental revenue

It’s easier than you might think. For any agent the challenge of making a business successful is hard work with the focus...

20 November 2019

From: Features

Purplebricks to reveal trading details on General Election day

Purplebricks is to give its next trading update on General Election day, December 12, when it will tell shareholders the details...

19 November 2019

From: Breaking News

Exec behind Rightmove’s massive profitability will quit next year

Rightmove has announced that Robyn Perris is to step down as finance director next year after 12 years at the company. During...

12 November 2019

From: Breaking News

Is this how Reservation Agreements will work?

Reservation Agreements are the subject of the moment in the agency industry. The Ministry of Housing, Communities and Local Government is to...

09 November 2019

From: Features

Purplebricks claims 4% market share but admits revenue stays flat

Purplebricks has this morning released a brief and relatively downbeat trading statement to the City and its shareholders. The statement applies to the...

07 November 2019

From: Breaking News

Agents to receive one million shares from OnTheMarket this week

OnTheMarket will on Wednesday of this week issue over a million shares to agents who have signed new long-term listing agreements...

04 November 2019

From: Breaking News

Foxtons income drops again thanks to Brexit and fees ban

Foxtons' latest trading statement shows another fall in sales revenue - but this time lettings income is down too. In an announcement...

31 October 2019

From: Breaking News

Countrywide investors calm after second compliance crisis in a year

Countrywide’s ever-patient investors appear to have been unfazed by the company’s latest compliance issue, which has led to a £100,000 fine...

31 October 2019

From: Breaking News

Capital Gains Tax changes: owners advised to seek financial advice

A tax expert is urging owners of second homes, as well as property investors and existing landlords, to seek independent financial...

31 October 2019

From: Breaking News

Purplebricks, Housesimple and Yopa must merge to survive - claim

The former chief of an online estate agency says the top three surviving firms in the sector must merge if they...

30 October 2019

From: Breaking News

Top Tory says scrap stamp duty on most homes, slash it on others

A former 10 Downing Street adviser says stamp duty on house sales should be scrapped or at least slashed in order...

29 October 2019

From: Breaking News

Introducing the purpose-driven lettings agency

Enhanced customer care strategies, relationship-building schemes, cost-cutting measures and new revenue streams can’t help the lettings industry if the fundamental underlying...

23 October 2019

From: Features

Autumn bounce for property transactions according to new figures

There’s been an encouraging increase in property transaction volumes according to new figures from HM Revenue & Customs. The total number of...

23 October 2019

From: Breaking News

Purplebricks in Canada - is it the agency’s secret success story?

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...

18 October 2019

From: Breaking News

Free service for agents to identify mobile and broadband connectivity

A service has launched for estate and letting agents to copy and paste a widget into online advertisements free of charge. It...

17 October 2019

From: Breaking News

OnTheMarket price slump despite startling claim about Rightmove

OnTheMarket is delivering agents “a higher marketing yield than Rightmove” according to an investment consultancy which works with OTM. Investors appear to...

14 October 2019

From: Breaking News

OnTheMarket: record traffic as agents take up low-cost, shorter contracts

OnTheMarket has this morning posted its latest results to the stock market. The portal reports that 2,346 branches had converted to full-paying...

10 October 2019

From: Breaking News

Cyber security - industry professionals feel unprepared for attacks

Property professionals are increasingly worried about the threat of cyber attacks, according to new research. Some 41% of 'real estate professionals from...

03 October 2019

From: Breaking News

Purplebricks hopes stamp duty reform campaign will dampen criticisms

Purplebricks - which is at the centre of a string of controversies - has joined the growing campaign for stamp duty...

30 September 2019

From: Breaking News

OnTheMarket on the ropes as fewer agents than forecast pay full-tariff

A trading statement from OnTheMarket reveals that fewer agents than anticipated have so far converted from free or discounted deals to...

27 September 2019

From: Breaking News

Should agents associate themselves with the conveyancing process?

Picture this: You have finally pushed that sale or purchase through, which means your client is over the moon and happy...

25 September 2019

From: Features

Small dip in transactions as market tries to shrug off Brexit blues

The annual number of property transactions edged down slightly according to the figures released applying to August. However, buyers and sellers email...

25 September 2019

From: Breaking News

Former Emoov agency fined for anti-money laundering breaches

HM Revenue & Customs has revealed that the original Emoov online agency has been fined for breaches of money laundering regulations. HMRC...

20 September 2019

From: Breaking News

Winkworth sales dip but new franchisees knocking on the door

Winkworth’s trading statement for the first half of 2019 show the company’s revenue and pre-tax profit both dipping slightly - but...

12 September 2019

From: Breaking News

PropTech Today: Maybe the portals should just take over?

I remember the day well; the day we all fell foul of addiction, the day our website was launched. Until then, at...

11 September 2019

From: Breaking News

Barratt is first house builder to list on OnTheMarket

Barratt Developments’ three consumer brands - Barratt Homes, David Wilson Homes and Barratt London - are the first developers to list...

11 September 2019

From: Breaking News

New blow for Purplebricks as City expert claims it's grossly over-valued

Purplebricks’ recent strong share price rise is not a good sign for the agency but an indication that it may be...

10 September 2019

From: Breaking News

EweMove hybrid defends recruiting franchisees with no agency experience

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

10 September 2019

From: Breaking News

Your new shop window is not a shop window

In the old days an agent would procure clients based upon their position in the high street, the size of the...

04 September 2019

From: Features

PropTech firm wants to clean up image of Modern Method of Auction

A company operating the controversial Modern Method of Auction says it is trying to improve the sector’s image after a series...

30 August 2019

From: Breaking News